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Showing 1 - 10 of 31 results for "Life Act"

Insurance, retirement product excellence recognised

CHLOE WALKER  |  FRIDAY, 28 OCT 2022
TAL, Generation Life, MLC Life and Challenger were among the winners at last night's annual Plan For Life Excellence Awards in Sydney. Now in their ninth year, the awards aim to celebrate achievements in product design and innovation across life ...

AIST, MetLife tackle underinsurance issue

KARREN VERGARA  |  TUESDAY, 8 FEB 2022
MetLife and the Australian Institute of Superannuation Trustees have joined forces to raise awareness about the importance of group insurance in a bid to tackle the underinsurance problem. AIST chief executive Eva Scheerlinck told Financial Standard ...

Life insurance at tipping point: Industry leaders

ALLY SELBY  |  FRIDAY, 31 JUL 2020
... solve these problems, she said. "I don't think there is a macro solution; I don't think we need change to the Life Act, I don't think we need to change advice models," Beer said. "I think we really need to get underneath customer segments ...

Insurer invokes financial hardship policy

ELIZA BAVIN  |  MONDAY, 11 MAY 2020
One of Australia's life insurers has taken a range of measures to assist customers who have been negatively affected by the effects of COVID-19. Integrity Life acting chief executive Lesley Mamelok said the firm has invoked a number of measures to help ...

Almost $1bn wiped off risk market

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 MAY 2020
Overall risk insurance market inflows declined in 2019 breaking what was a decades long history of increases, year on year they were down by 4.5%. According to data from Plan For Life Actuaries, risk insurance inflows fell from $16.5 billion to $15.7 ...

AMP adds competitors to platform

ELIZABETH MCARTHUR  |  FRIDAY, 24 JAN 2020
AMP is adding other insurers' products to its platform as it records a whopping drop in risk sales for 2019. AMP has partnered with AIA and TAL to expand the insurance products offered on its MyNorth platform. Both insurance offers are available for ...

Masterfunds up $26 billion

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 JAN 2020
The final quarter of 2019 saw Australian funds under management on platforms jump by $26 billion. According to Plan For Life Actuaries, masterfunds ended the year to 30 September 2019 up 3% - amounting to $26 billion. Total FUM for masterfunds now stands ...

$3.3 billion fall in retail managed funds

ELIZABETH MCARTHUR  |  TUESDAY, 7 JAN 2020
The once-off transfer of StatePlus' Master Fund businesses worth $18.6 billion out of retail funds to First State Super has had a significant impact on the retail market, according to Plan For Life Actuaries. Plan For Life revealed overall retail managed ...

Netwealth welcomes new distribution head

JAMIE WILLIAMSON  |  WEDNESDAY, 16 OCT 2019
Netwealth has appointed a former MLC director as its new head of distribution. The ASX-listed superannuation and investment solution provider has confirmed the appointment of Damian Holland to lead its distribution efforts earlier this month. The position ...

Netwealth top for FUM growth

ELIZABETH MCARTHUR  |  FRIDAY, 4 OCT 2019
New research from Plan For Life Actuaries & Researchers has revealed Netwealth is growing much faster than some of its more established competitors. The research found a total $37.7 billion rise in funds under management over the year to June 2019 for ...
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